De­vel­op­ment plan may turn Ne­gri Sem­bi­lan into an in­dus­trial zone to com­ple­ment the Klang Val­ley

New Straits Times - - Opinion -

ALL eyes will be on Pu­tra­jaya this week with the of­fi­cial launch of the long-awaited Malaysia Vi­sion Val­ley (MVV), touted as the coun­try’s next world-class eco­nomic me­trop­o­lis in Ne­gri Sem­bi­lan.

On Thurs­day, Prime Min­is­ter Datuk Seri Na­jib Razak is ex­pected to chair the MVV’s first steer­ing com­mit­tee at his of­fice, as well as wit­ness the sign­ing of an agree­ment com­pris­ing three en­ti­ties that are spear­head­ing the am­bi­tious eco­nomic cor­ri­dor.

Sime Darby Bhd will take a 50 per cent stake in the ven­ture and the re­main­der will be held equally be­tween Kumpu­lan Wang Per­saraan (KWAP) and Malaysian prop­erty firm Brunsfield In­ter­na­tional Group.

They will jointly own MVV Hold­ings Sdn Bhd, the mas­ter plan­ner and project pro­moter.

The state gov­ern­ment will not hold a stake in MVV Hold­ings, but will in­vest in some of its flag­ship projects. This agree­ment will be the first step in mak­ing MVV a re­al­ity since it was first mooted in 2009 by Sime Darby and the state gov­ern­ment.

Sime Darby is in the equa­tion be­cause it owns huge tracts of land in Ne­gri Sem­bi­lan.

MVV is an eco­nomic zone en­com­pass­ing some 100,000ha of land from Port Dick­son to Serem­ban and Ni­lai.

It is de­signed to com­ple­ment the al­ready con­gested Klang Val­ley, which is home to a quar­ter of Malaysia’s 30 mil­lion pop­u­la­tion, and pro­duces 40 per cent of the na­tion’s gross domestic prod­uct.

Or per­haps, it can be­come a new emerg­ing eco­nomic zone by it­self, which is clos­est to the Greater Klang Val­ley.

The zone will in­clude in­dus­trial, com­mer­cial and res­i­den­tial clus­ters, and is ex­pected to at­tract lo­cal and over­seas in­vest­ments amount­ing to RM400 bil­lion by 2045.

Projects in the pipe­line in­clude a high tech­nol­ogy and in­dus­trial zone, an in­te­grated transport dis­trict, sports and recre­ational fa­cil­i­ties, a world-knowl­edge city and cor­po­rate cam­pus, a biopo­lis and wellness hub, a na­ture re­serve, the MVV cen­tral busi­ness dis­trict, a cen­tral park and tourist at­trac­tions.

What is even more ap­peal­ing about the MVV is its prox­im­ity to the Kuala Lumpur In­ter­na­tional Air­port and ma­jor high­ways.

The sleepy town of Labu has been picked as one of the seven tran­sit sta­tions for the up­com­ing high-speed rail be­tween Kuala Lumpur and Sin­ga­pore.

Sources said the sta­tion will be built un­der­ground to max­imise land use, and will also be­come an in­ter­na­tional tran­sit sta­tion to cater to for­eign tourists and in­vestors.

The MVV is part of the 11th Malaysia Plan (2016-2020). Re­cently, Menteri Be­sar Datuk Seri Mo­hamad Hasan con­firmed that he would be MVV’s deputy chair­man.

He is in­stru­men­tal in over­see­ing the project as he wants to en­sure that all Ne­gri Sem­bi­lan folk are not left out of the state’s de­vel­op­ment.

“I want to en­sure that the peo­ple will ben­e­fit from the state’s eco­nomic ex­pan­sion,” he said.

The MVV is also a gift to na­ture lovers as it takes en­vi­ron­men­tal sus­tain­abil­ity into ac­count de­spite huge prof­its that can be

The Malaysia Vi­sion Val­ley stretches from Port Dick­son to Serem­ban and Ni­lai.

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